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Search Results 0 to 18 of about 19 (some duplicates have been removed)
dollars in cuts in spending based on our withdrawal from iraq and afghanistan. that's just not real. but i believe the result of negotiations with speaker boehner, senator mcconnell and senator reid they could arrive at a conclusion because the major objection that a lot of us had was we don't want to increase taxes. the majority leader reid has already made that concession in his proposal. >> schieffer: senator, the thing that i wonder about is i think the congressional leaders on both sides are ready to make a deal but what i wonder about is can the followers go along with the leaders or will the congress stumble into some kind of default here despite the best intentions of the leaders on both sides? >> i believe they can and will. how soon is... i'm not clear on. it may require some kind of a warning shot. for example, watch the markets tomorrow, the financial markets around the world. i believe that the american people have very different views about what we're in, but the major view is disdain and even larger than that is that they want us to sit down and agree to something because th
be the most egregious example to date of widespread corruption in afghanistan. american taxpayer money, hundreds of millions of dollars, ending up in the hands of the taliban. a year-long u.s. military task force discovered that the money was siphoned from a $2 billion transportation contract to provide most of the supplies to american troops. a source with knowledge of the investigation has briefed cnn about how it all went down. we are joined now from the afghan capital, kabul. just tell us briefly, how did this happen? >> reporter: this is coming from an internal report, but basically what happened was trucking companies subcontracted out to local entities here, who then in turn subcontracted out to even more local providers. what happened was it turns out that some of those local, more local firms actually had some ties to nefarious elements, including the taliban. what we see here is a bulk of the transportation costs being filtered through some of these trucking companies and part of that money is actually ending up in the hands of the very individuals who are fighting nato force
dollars in savings from winding down the wars in iraq and be afghanistan. that would raise the debt ceiling enough to get us through 2012, though boehner's would only take us through the end of the year. last night the president and speaker both aimed to put publish pressure on the other. >> there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. >> i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. >> reporter: enough people did, presumably supporters as well as opponents, that the speaker's web site crashed along with those of a couple of other republicans and at least one democrat. republicans say the president wants a long-term debt ceiling hike to keep it out of his re-election bid. democrats say the bond rating agencies want a long-term hike. a short-term one, they say, would risk a downgrade of this country's credit rating, and that would hike credit interest rates on everyone. jon: the overwhelming number of calls
means for funding troops in afghanistan. this morning many soldiers are asking, will we get paid? >>> good morning, everyone, i'm alex witt. welcome to msnbc saturday. we're approaching 10:00 a.m. on the east coast, 7:00 a.m. out west. congress has set itself up for a day of infighting today as the debt deadline draws dangerously close. the senate will start its session at 1:00 p.m. eastern and it's planning to debate a debt bill for at least 12 hours before holding a t
ten years and the expected savings from the drawdown from the wars in iraq and afghanistan is how they are calculating what they can save and the republicans are not happy about that and that is where the divide is. the real fight right now is trying to see where the winds are blowing with what is called the boehner plan. we don't know exactly when that vote will be taken, because there is a lot of head counting going on and maybe some arm twisting, too, to figure out if they can get it through. should it not pass, we are into another whole scenario of what to do next. >> kelly o'donnell on capitol hill. thanks. we want to bring in kristen welker at the white house. kristen, jay carney, the white house press secretary says that he does not believe that the default will happen. as we hear from the two sides both agreeing that the debt limit needs to be raised, it is inevitab inevitable. >> it is the one thing that all sides can agree on here, and you are right, the press secretary jay carney says he has complete faith that the debt ceiling will be raised by next week, but the big q
their own financial security. in afghanistan, concerned troops asked the chairman of the joint chiefs of staff about what missing the deadline would mean to them. >> if paychecks would stop it would have a devastating impact and have a devastating impact pretty quickly. >> reporter: visitors waiting to tour the capitol also weighed in. >> social security, we don't know what will happen with that. >> it's ridiculous that our lawmakers can't come to some kind of consensus on what is best for the country. >> now, lester, as the schedule stands today, harry reid hopes to have a vote at 1:00 p.m. on a potential compromise deal. here's what congressional sources can tell us about this deal. it would look like the following. the debt limit would be extended by $1 trillion immediately. it would then be increased by $2.8 trillion for 2012 and then a special bipartisan commission would be in charge of finding additional $1.8 trillion in cuts to get up to 2.8 and if that commission fails by christmas widespread cuts for medicare and defense and both painful cuts and defense for republicans and m
with a situation like 9/11 or the war in iraq or afghanistan are terrorism? what if there is unforeseen event that would force government to spend more money than it takes an? guest: the legislation would have to be written to be including situations when we get like that. i am no expert on the u.s. economy so i want to put that disclaimer out there right now. but we are spending more than we're taking in and it is not sustainable. we cannot continue down this path. when you have the medicare board of trustees coming out in the month of may and releasing a report that says, if medicare is not reformed in 2024, it will be bankrupt, it is irresponsible for washington not to do anything about their when you know you are facing this problem. we need to deal with that. we need to do some entitlement reform across the board. we cannot balance the u.s. budget by cutting discretionary spending. host: i realize that this is still coming together so the information continues to evolve. but based on what we hear this morning, it is a $1.4 trillion increase in the debt limit immediately. based on misinfo
and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points . it was down by over a hundred earlier. simon constable is a columnist for the "wall street journal." what is your take? we talk about the reassurance for the market? what about the reassurance for the average investor. >> most of the markets are saying whatever. but the gold market isn't. we've seen gold come up from 1500 a month ago to over 1600 now. jenna: what does that tell you. >> people don't buy golds as a good investment. you have to pay money to have it stored, buy insurance, put it in a bank, with armed guards and people are basically big thumb's down to the u.s. government when they buy gold. you shouldn't be totally reassured. that is quite a move in that sort of short period
to be dane's dad. he's a marine sergeant who's been deployed in afghanistan since january. obviously a picture-perfect moment there. it's like better than if luke skywalker had walked in. >> his own superhero. >> exactly. pretty amazing stuff. we'll be right back with more "world news now." let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement nsurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to " 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... insured by unitedhealthcare insurance company, not paid by medicare part b. that can save you from paying .up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp p medicare supplement insuranc. plus you'll get this free g
to afghanistan because it was against my islamic conditions. >> reporter: he wanted out. but military investigators say they found child pornography on his government computer. so, on the fourth of july, abdo went awol from ft. campbell, kentucky. investigators believe he came to ft. hood to stage an attack similar to major nidal hasan's rampage in 2009 that killed 13 and wounded 30. abc news has learned he told investigators he wanted to get even with the military. that he planned not to attack the post but a nearby restaurant popular with soldiers. he told investigators he planned to detonate two bombs there, then shoot any survivors. >> it seemed like he was up to something. >> reporter: his plan unraveled shortly after he got out of mark smith's cab at that gun shop. greg ebert sold him the ammunition and gunpowder, but got suspicious when he paid $250 in cash. >> we made a decision to call the police. and fortunately, it worked out well. >> reporter: officers tracked young soldier to this nearby hotel. in his room, all of that ammo, a pistol, the components to make two bombs and
couldn't miss you. >> her son has had two tours, one in iraq and one in afghanistan and he just got back on monday. she vowed not to cut her hair until he got back and look at it. >> we're excited for her. she deserves it she's such a wonderful person. >> and now your baby is home and you're ready to cut your hair and get a whole new look? >> finally, absolutely. >> it will be worth the wait. >> are we ready for a new cindy? >> yes! >> okay, ladies. >> all right. look at the crowd. cindy's two sisters, four cousins and sister-in-law. this is a buckle up. keep your blindfolds on. here is cindy's before picture. all right, cindy, let's see the new you. >> oh, my god. wait -- you guys ready? ready? take off your blindfolds. take them off, take them off. >> are you ready to see yourself? ready? >> turn around, you're going to freak. [ cheers and applause ] [ screaming ] >> you are gorgeous! wow, wow, wow! >> louis! louis! crazy, hold on, let's listen. >> when i saw cindy. when i saw cindy, i saw my dear friend and client, susan sarandon. and that was the inspiration here. it's star quality.
Search Results 0 to 18 of about 19 (some duplicates have been removed)

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